The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...

The Pell Grant program has a $2.7 billion shortfall heading into the coming fiscal year, according to new projections from the Congressional Budget Office.

This week, the Congressional Budget Office once again reduced its population projections for the U.S. for 2025-2055. Last year, in its 30-year forecast, ...

the Congressional Budget Office provided a dour forecast. Even if those tax breaks are allowed to lapse at year’s end, the federal budget deficit will still climb to $2.7 trillion in a decade ...

The nonpartisan Congressional Budget Office (CBO) released its latest 10-year budget and economic outlook Friday that showed the federal government is on track to break a debt record set nearly ...

The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade. By Alan Rappeport Reporting from Washington The United States is poised to add trillions ...

Republican plans to pass a massive new tax cut in the early days of President-elect Donald Trump’s second term are running into a major obstacle: the price tag. Extending Trump’s 2017 tax law ...

The number of deaths in the U.S. is expected to exceed the number of births by 2033, according to the Congressional Budget Office’s (CBO) annual 30-year projection of the U.S. population ...